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Store Front Consolidation Help

Date: Thu, 11/05/2009 - 13:28

Submitted by nfgilmore
on Thu, 11/05/2009 - 13:28

Posts: 23 Credits: [Donate]

Total Replies: 11


Are there any payday loan consolidation services available for storefronts? I called Langhorne but they said I did not qualify because I did not have any online loans. I was told I need to have at least three online then they would help with storefronts.

Any suggestions?

I have three storefronts:

Check N Go
Quik Cash
Check Smart

Thanks in advance!


Quote:

Originally Posted by Shazzers
Why don't you ask them for an EPP instead, click the link below to read about an EPP, number 11.
http://www.cfsa.net/industry_best_practices.html



To my knowledge you are only eligible for an EPP once a year. I had one with each of them less than a year ago.

Is there a way to get an EPP more than once a year?


lrhall41

Submitted by nfgilmore on Fri, 11/06/2009 - 06:11

( Posts: 23 | Credits: )


I called the folks with http://www.nfcc.org/ and they are unable to help me with storefront pdl's. =(

None of them will allow me to do another EPP until my 12 months is up. Which would be in January. So far the only help I've found was with pdlassistance.com /. They said it would be a $200 setup/enrollment fee and I could get on a 6-8 month plan.

I was told I need to get a new account and have my direct deposit to that account and only keep $1 in the account linked to the pdl's. Because according to the laws in my state I am not allowed to close the account or stop payment on the checks. Problem is, I will have the NSF fees. Is this the best course of action?

Any help is greatly appreciated.


lrhall41

Submitted by nfgilmore on Fri, 11/06/2009 - 11:06

( Posts: 23 | Credits: )